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Direct Payments For The Social Security Payments Worth $4,555 Will Be Released On November 8

Social Security Retirement Payments Worth $4,555 (Photo: familyfirstfirm)

The first round of direct payments of the Social Security Retirement payments worth $4,555 will be received by beneficiaries this November 8th.

Social Security Retirement Payments Worth $4,555 (Photo: learn.clf.uk)

Social Security Direct Payments Schedules:

SOURCE– The first round of direct payments of Social Security retirement payments will begin on November 8. The Social Security Administration (SSA) sends out direct payments on the second, third, and fourth Wednesdays of every month.

The first round of direct payments will be on November 8, and those beneficiaries who are born between the first and the 10th of their birth month will be able to receive the direct payments.

The second direct payment will be on November 15, wherein beneficiaries born between the 11th and 20th of a month will receive the direct payments.

The last round of direct payments will be on November 22, when beneficiaries born on or after November 21st will receive the direct payments of the social security retirement payments.

READ ALSO: Find Out Everything About Student Loan Forgiveness For Disabled Borrowers

Beneficiaries Can Expect $4,555 Worth Of Social Security Payments

According to an article by the Washington Examiner, according to the Social Security Administration, the payments received vary based on the age at which the beneficiary retired and have no income guidelines. Beneficiaries who retire at the age of 62 can get up to $2,572 per month, while those who retire at the age of 70 can expect payments up to $4,555 per month.

Meanwhile, those beneficiaries who retired at the full age of retirement (67) will receive payments up to $3,627 per month.

READ ALSO: Stimulus Checks Update: Here Are The States Sending Upto $500 Soon

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